Ottavio Missoni, Founder of the Iconic Italian Fashion House, Has Died

It's been a very sad year so far for the Missoni family. Ottavio Missoni, the 92-year-old co-founder of the Italian knitwear brand, died today at his home in Sumirago, Italy. Ottavio's death comes just a few months after we learned a plane that was flying his son Vittorio and a few other passengers disappeared off the coast of Venezuela.

This runway image is particularly poignant, as this show went on just one month after Vittorio's plane went missing. In a statement, a spokesman confirmed the co-founder's death. "The Missoni family announces that Ottavio Missoni passed away peacefully at home at the age of 92, surrounded by his family. The day and time of his burial will be communicated soon."